Raiffeisen Asset Management launches a new investment fund – Raiffeisen Global Equity – that will invest in equity funds and diversify globally.
According to a statement from the company, the new investment fund will be linked to the ESG (Environmental, Social, Governance) rating, meaning investments are made taking into account sustainability criteria for companies.
The new fund will invest in equity funds and will diversify globally, and investments will take into account, in addition to the performance criteria, the ESG rating, published by the companies.
“We always encourage responsible behavior towards customers, employees, suppliers, partners or authorities. We have been thinking for a long time about launching an investment fund in Romania that takes into account the sustainability criteria: towards the environment, community, society in general,” said Steven van Groningen, president and CEO of Raiffeisen Bank.
ESG (Environmental, Social, Governance) represents a set of standards that investors follow when analyzing the companies in which they invest and consider three components: (E) environment – the impact that the company’s activity has on the environment; (S) social – the relationship of the company with the stakeholders (employees, customers, community); (G) governance – the extent to which the company complies with the governance requirements (leadership, compliance, shareholder rights).